HDFC Mid-Cap Opportunities Direct Plan-Growth
HDFC Mid-Cap Opportunities Direct Plan-Growth
HDFC Mid-Cap Opportunities Direct Plan-Growth
HDFC Mid-Cap Opportunities Direct Plan-Growth - Get latest updates on NAV, Dividends, Returns, Performance, Risks & Portfolio. Invest now!
INR
5000
1
HDFC Mid-Cap Opportunities Direct Plan-Growth
3
5
Value Research
PB Recommended Equity Mid Cap
PLAN: GROWTH TYPE : OPEN-ENDED OPTION: Growth
1 Yr return
16.5%
3 Yrs CAGR returns
7.77%
5 Yrs CAGR returns
10.21%
NAV as on 27 Dec
₹ 60.97 by 0.59 ( 1.15%)
Expense ratio
1.13
Exit load
1%
Fund Size (Cr)
₹ 22796.46
If ₹5000 invested for 1
Estimated returns*
₹ 0
with % annual returns
* The calculator, based on assumed rate of returns, is meant for illustration purposes only.More
The calculations are not based on any judgments of the future return and should not be construed as promise on minimum returns. Information gathered and material used in this calculator is believed to be from reliable sources. Paisabazaar however does not warrant the accuracy, reasonableness and/or completeness of any such information. While utmost care has been exercised while preparing the calculator, Paisabazaar does not warrant the completeness or guarantee that the achieved computations are flawless and/or accurate and disclaims all liabilities, losses and damages arising out of the use or in respect of anything done in reliance of the calculator.
The scheme seeks to provide long-term capital appreciation/income by investing predominantly in Mid-Cap companies.
Tax Implications
Returns are taxed at 15%, if you redeem before one year. After 1 year, you are required to pay LTCG tax of 10% on returns of Rs 1 lakh+ in a financial year.
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Equity
| Top 10 Sectors | % |
|---|---|
| Financial | 22.46 |
| Chemicals | 11.54 |
| Engineering | 10.35 |
| Cons Durable | 9.37 |
| Health Care | 7.75 |
| Automobile | 7.53 |
| Others | 5.78 |
| Technology | 5.06 |
| FMCG | 5.05 |
| Metals | 3.75 |
| Top 10 Sectors | % |
|---|---|
| Others | 5.66 |
| Hire Purchase | 4.48 |
| Organic Chemicals | 3.89 |
| Tyres & Tubes | 3.76 |
| Banking | 3.21 |
| Fasteners | 3.18 |
| ACs & Refrigerators | 3.11 |
| Retailing | 3.08 |
| Hotels & Restaurants | 2.51 |
| Soda Ash | 2.38 |
| Fund House | HDFC Mutual Fund |
| Fund Manager | Chirag Dagli |
| Fund Setup Date | 01 Jan 2013 |
| Address | 'HDFC House'-2nd Floor, H.T. Parekh Marg - 165-166, Backbay Reclamation, Churchgate |
| Contact | 1800 3010 6767 / 1800 419 7676 |
About HDFC Midcap Opportunities Fund
HDFC Midcap Opportunities Fund is an open ended mutual fund with investments in mid cap equities. HDFC Mid cap Opportunities attempts to achieve maximum portfolio construction by investing in stocks of mid-cap companies that have reasonable growth aspects, sound financial strength and acceptable valuation that promise better capital appreciation in a bull market.
It invests about 65% in quality mid-cap stocks and also bets a significant share in large cap companies. It also has overseas investments and invests in equities and equity-related securities. The associated risks are moderately high.
Who Should Invest?
- Investors seeking long term capital appreciation. Good returns can be earned in the long term through equity investments in mid cap stocks, of which the share prices shall increase gradually with the markets fair better
- Investors ready to invest in mid cap stocks or mix of mid cap and large cap. About 25% of the fund is invested in large cap stocks of leading businesses with good cash flow, thus ensuring high returns and dynamic portfolio of investors
Risks
Mid Cap Equity Funds may perform poorly in a bear market and may underperform in the short term. Investors who can tolerate moderate risks should go for this fund.
Also Read: What are Mid Cap Funds?
Will You Pay Tax?
If you withdraw or redeem the units before one year of investment, Short Term Capital Gains Tax of 15% is levied. Whereas, Long Term Capital Gains Tax above ₹1 lakh will be taxed at 10% after completion of 1 year of investment.
Let’s say, an individual has ₹2 lakh disposable taxable income in a given financial year, and s/he decides to invest the amount in ELSS. ₹1.5 lakh out of this amount would be exempted from any taxation.₹50,000 would be taxed as per the income tax slab of the investor.
It should be noted that the investment in ELSS remains locked-in for 3 years.
The returns from ELSS are taxed like that from any other equity mutual fund scheme. However, since the units can’t be redeemed before 3 years of investment, only Long Term Capital Gains Tax of 10% above ₹1 lakh will be levied.
Suppose an investor has made a capital gain of ₹1.5 lakh on investment in this scheme, and withdraws the amount after 1 year of investment, Long Term Capital Gains Tax of 10% would be levied on ₹50000. ₹1Lakh is exempted from taxation. The payable tax would be ₹5000.
How to Invest in HDFC Midcap Opportunities Fund?
- Sign Up/Sign In to Paisabazaar.com and go to ‘Direct Mutual Funds’
- Click on the section of ‘Mid Cap Funds’
- Type and search directly by the name of HDFC Midcap Opportunities Fund. Once it opens up, look at the details. You can also compare similar funds as well as use Returns Calculator
- Click on ‘Invest Now’, select either Lump sum or SIP
Why Should You Choose Paisabazaar?
- Trusted website, no commission charges and no paperwork
- You can compare more than 1,700 Funds at one platform instead of visiting the website of each AMC and then searching for numerous funds
- Easy to browse as Funds are segregated under Equity, Debt, Large Cap, ELSS, etc. You can further add filters of ratings, returns, fund houses
- Important scheme details such as latest Net Asset Value (NAV), expense ratio, assets under management, etc are also available on the portal, making it easier for consumers to pick a suitable fund
FAQs
Q. What does mid cap fund mean?
A. Companies are categorised by SEBI into large, mid and small cap on the basis of their capitalizations. Funds investing in shares of mid cap companies are known as Mid Cap Equity Funds.
Q. Does HDFC Midcap Opportunities Fund come under Section 80C or offers tax benefits?
A. HDFC Midcap Opportunities Fund is not a tax saver fund and does not come under Section 80C. The taxation rules apply to it as applicable for all capital gains via mutual funds in long term and short term.
Q. Is it beneficial to invest via open-ended (lumpsum) or SIP?
A. SIP is considered efficient and convenient mode of investment that is good for long term investment. It also reduces financial burden as one needs to invest periodically and one can start with amount as low as Rs. 500 per month.
Q. What is the entry load for this fund?
A. There is no applicable entry load on the aforementioned fund.
Q. What is the exit load for this scheme?
A. If an investor redeems the purchased units within 1 year of allotment of units, an exit load of 1% is payable by the investor. However, no exit load is levied for redemption of units after 1 year of purchase.
Q. Is there any lock-in period for investment in this scheme?
A. No. Investors can redeem their investment as per their wish and needs.
Q. What is the fund manager’s style of investment?
A. Mr. Chirag Setalvad is managing the fund who follows the strategy of investing in bottom up stocks with sustainable business models that have the potential for value growth and capital appreciation.